Buy long above 2900 first target 2960 then 3000 can see lift time high of the stock. SL 2870. Stock is trading at support level & expected to touch the lift time high. Entry can be taken after the BO of TL. This is for your educational purpose only.
Looks Good at cmp 2953
With SL 2800
For tgt of 3100 3250+
Risk reward is 1:2 favourable for Swing traders
Note - before taking any entry exit please consult with your financial advisor.
It has given break out at a very strong resistance. Buy above 3000 tgt 8 to 10% SL 2850. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Torrent Pharma Cmp 2980 dated 14.6.2021
1. Rectangle consolidation breakout above 3007
2. Rounding Pattern breakout @ 3000.
Buy for a tgt of 3410-3640 SL 2850
It is just a view, pls trade at your own risk.
Torrent Pharma is trading near its all time high after giving good resistance break out today. Also formed a good rounding bottom pattern. High probability of it crossing the ATH level. Keep this one on radar.
CASE 1:
On the weekly charts of torrent pharma, it is seen that CMP is at a very crucial level (the purple zone). This zone is a good resistance zone. Also, if you look closely, CMP is also trading at an important Fibonacci Level. This too shows that price may come down from this point or may obey the purple zone and may fall after touching the upper range of the...
TORNTPHARM forming Bullish Bat on Daily Charts, expected to bounce from these levels with entry and targets specified in the chart.
This is for educational purpose only.
